Student ferry design competition winners receive awards The Worldwide Ferry Safety Association (WFSA) has presented awards to the finalists in its student ferry design competition, now in its ninth year. Dr. Roberta Weisbrod, WFSA's executive director, said the specifications
HII names Brandi Smith VP of Columbia-class program Huntington Ingalls Industries (NYSE:HII) reports that Brandi Smith has been named vice president of the Columbia-class program at its Newport News Shipbuilding division. She succeeds Charles Southall, who will retire July 1
BOEM moves forward on California offshore wind The Business Network for Offshore Wind reports that development on the West Coast took a major step forward today with the Bureau of Ocean Energy Management's release of a Proposed Sale Notice
Crew shortages are driving up seafarer wages The Ukrainian conflict, sanctions against Russia, and new COVID-19 outbreaks in the Far East are all impacting global crewing levels, says Henrik Jensen, CEO of Danica Crewing Specialists. And with crew shortages
New initiative aims to make maritime more attractive for new generations of talent Launched at a meeting in Zurich, Switzerland, this week, the All Aboard Alliance has been formed to pave the way for a diverse, equitable, and inclusive maritime industry. The All Aboard Alliance
Castrol launches "get an expert on board" technical service Responding to ongoing industry changes, a leading marine lubricant supplier, Castrol, has launched a new "Get an expert on board" technical service. The move comes as the marine market adapts to new
Canadian yard delivers a versatile fisheries vessel by Alan Haig- Brown The Listuguj Mi'gmaq Government, an indigenous Canadian community on Quebec's Gaspé Peninsula, has accepted delivery of a new 19.81 by 7.31-meter (65 x24-foot) combination crab trap and groundfish
US signals renewed sanctions crackdown against Iran A US crackdown against a Moscow-backed Iranian oil smuggling network offers a window on the sanctions strategy in Washington. The...
Russia declares Mariupol port mine-free Russia submits document to the IMO stating it has finished minesweeping operations off Mariupol and established what is being described...
StealthGas posts one of best results 'in many years' Market is 'still seeking direction', says chairman Michael Jolliffe
US gears up for peak season in uncertain market US container demand could be about to ease back from its peaks. But congested ports will still mean a complicated...
Costamare agrees $500m refinancing with banks New syndication was oversubscribed and includes a majority of banks starting a new relationship with boxship and bulker owner
China lockdowns accelerate supply chain diversion and box shipping review The shifting trade patterns and cargo flows being accelerated by the pandemic in China, and the West's push for decoupling...
Safe Bulkers boosts profit amid 'negative' impact of pandemic The company posted increased first-quarter profits, but earnings dipped compared with the third and fourth quarters of last year
Lloyd's Register launches decarbonisation initiative Regional container lines will join shipyards, engine manufacturers and banks in regional initiative. Aims to lower investment risk of fuel...
Dry bulk vessel freed after detention in Bangladesh The vessel arrived in Bangladesh on May 15
DFDS plots green transition as it plans future fleet strategy DFDS, which has taken delivery of a series of scrubber-fitted newbuildings in recent years, is looking at the potential for...
K Line to deliver two LNG vessels to Petronas Previously, K Line has defined the liquefied natural gas carriers business as one of the top drivers for growth
Energy crisis to accelerate move to renewables World leaders need a strategy to tackle the many energy problems at the same time, including ensuring energy security and...
CSSC shipyard secures order for mid-sized containership pair Deal marks the second order RCL has placed at the CSSC shipyard, lifting the tally to four vessels
Daily Briefing More grains stay in Atlantic in trade flow shift | High LNG marine fuel prices block transition pathway | Interest...
Maritime official wants more control over ocean carrier contracting The nation's top container-trade regulator says he wants ensure more fairness in ocean carrier contracts after a spike in shipper complaints.
DFW Airport to test 'tugbot' for cargo operations Dallas Fort Worth is a tech-forward airport on many levels. Its latest initiative is trialing an autonomous tow vehicle in the cargo area.
Southern California ports rank dead last on global efficiency index Supply chain bottlenecks on the West Coast last year were evident in global port ranking data.
SAUDI DATA: Jet fuel exports fall 22% on month to 349,000 mt in March The month-on-month dip in outflows came amid a closed arbitrage to send jet fuel cargoes from the East of Suez to Europe in March, S&P Global Commodity Insights reported in early April.
REFINERY NEWS: Livorno lubricants work ongoing, seen done end-July The Livorno refinery in Tuscany is undergoing maintenance and upgrade works at its lubricants unit, which will be completed towards the end of July prior to a restart, sources close to the plant said.
REFINERY NEWS: Sinopec Hainan resumes operations after 2-month maintenance State-owned Sinopec's Hainan Petrochemical refinery in southern China has gradually resumed operations after a scheduled maintenance which started on March 15, a source with the refinery said May 26.
OIL FUTURES: Brent crude prices climb further on supply concerns Across the Atlantic, crude oil stocks fell 1.02 million barrels to 419.8 million barrels in the week ended May 20, showed EIA data released late-May 25.
REFINERY NEWS: Maintenance work begins at Ghana's Tema, restart date still undecided Some rehabilitation and maintenance work at Ghana's sole oil refinery has begun though an exact time period for the restart of the plant has not yet been decided, a source close to the matter said May 26.
Russia grants waiver for LNG supplies from Yamal LNG to former Gazprom unit According to the government order signed May 25, activities related to deliveries by Yamal LNG to Gazprom Marketing & Trading Singapore will be temporarily exempted from the sanctions.
SAUDI ARABIA DATA: March middle distillates demand jumps 23% on month Middle distillates demand totaled 6.96 million mt for the period January-March, up 8.26% from the same year-earlier period.
Russia expects 5-8% drop in 2022 oil output following Ukraine invasion Novak said that he estimates 2022 production will be 480 million mt to 500 million mt, equivalent to 9.64 million b/d to 10 million b/d.
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